Asian equities opened higher, mirroring Wall Street’s optimism that more tankers could navigate the Strait of Hormuz. Despite a rebound in Brent crude, concerns over potential supply disruptions and inflation persist as central banks prepare for key meetings this week.
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banks
The RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeated regulatory clearance. The